LakeDiamond Token sale - powered by Swissquote; first ICO ever powered by an established banking group

lakeDiamond launches an Initial Coin Offering (ICO) to increase its
production capacities of lab-grown diamonds for high-tech industrial
applications. Powered by Swissquote,
LakeDiamond’s ICO is the first ever to be powered by
an established banking group.

Why Swissquote ?

Swissquote
is the first bank to offer the possibility to participate in this new
way of crowdfunding using
blockchain technology: The first ICO available on
the Swissquote platform is LakeDiamond. Up to now, in order to
participate in an ICO, investors needed to
understand blockchain technology and own a blockchain wallet. With the
new bank service, this is no longer required.
Clients can purchase coins (also named “tokens”) issued by a
LakeDiamond directly against Swiss francs, using
their trading account. The bank takes care of the execution as
well as of the custody of the tokens.

Exclusive pre-sale advantages on the Swissquote platform

LakeDiamond ICO overview

LakeDiamond
tokens are issued following the technical standard used for smart
contracts on the Ethereum blockchain. LakeDiamond is issuing tokens
worth 60 million Swiss francs in total.

LakeDiamond plans to use
the money raised within the ICO to ramp up its production capacities by
buying 50 further reactors. Minimum purchase consists of 60 LakeDiamond
tokens (LKD) which is equivalent to 33 Swiss francs.

During the
pre-sale from October 22 to December 11, 2018, the bank clients can
benefit from a bonus: when buying 10 tokens, they receive one free token
until 4 million Swiss francs are globally raised. During the pre-sale
as well as during the following public ICO (from mid-January to
mid-February 2019), 1 LKD equals CHF 0.55. After the ICO, the conversion
rate will fluctuate based on demand for tokens and/or diamonds as well
as the performance of the diamond reactors operated by LakeDiamond.

After the bank sale LakeDiamond ICO will be open to the general public in early 2019..

LakeDiamond main strengths

Lab-grown diamonds: the ultimate material poised to unlock a new technological era

An
EPFL spin-off, LakeDiamond produces, transforms and sells lab-grown
diamond as the ultimate material for
increasingly complex high-value applications in
micro-mechanics and robotics, photonics, electronics and biotech.
Lab-grown diamonds have been described as “the new
silicon” due to their unique physicochemical properties, i.e. most
transparent to light, heat best conductor,
eco-friendly, chemically inert, hardest and most elastic material,
highest
breakdown electric field, and biocompatible.

Ultra-pure lab-grown diamonds: a market with a bright future as industrial uses continue to expand

LakeDiamond
total potential serviceable addressable market is expected to reach CHF
18.4bn by 2022 according to the
company, as the market for ultra-pure lab-grown
diamond products expand from micro-mechanics and robotics (e.g.
micro-mechanical parts for watch making), to
photonics (e.g. lasers for energy transfer), electronics (e.g.
high-power transistors) and biotech (e.g.
sensitive magnetometers).

Major milestones in micro-mechanics and robotics as of 2018

LakeDiamond
collaborates with EPFL's prof. Niels Quack on the production of
lab-grown diamond-based micro-mechanical
parts. The company’s associated technology has
recently been highlighted in a Nature article. LakeDiamond already
collaborates with a major Swiss watchmaker to
incorporate diamond-based micro-mechanical parts in watch mechanisms.

Solid partnerships in place to accelerate go-to-market in photonics, electronics and biotech

LakeDiamond
collaborates with EPFL's prof. Eli Kapon on remotely charging drones
and satellites thanks to lab-grown
diamonds for energy transfer and a partnership is
already in place with a drone manufacturer on this application. The
company is also collaborating with EPFL's prof.
Elison Matioli on supercharging high power transistors with lab-grown
diamonds to shrink electric car charging stations.
Finally, LakeDiamond collaborates with EPFL's prof. Christophe
Galland on diamond-based magnetometers and got an
EPFL Innovator project funding this activity. The company currently
grows diamond in its two Micro-Wave Chemical Vapor
Deposition (MWCVD) reactors, with a production capacity of 15,000
plates per year. The objective of LakeDiamond 60
million Swiss francs ICO is to add fifty additional MWCVD reactors to
meet the production capacity of 300,000 plates per
year by 2020.

An innovative blockchain crowdfunding opportunity to contribute to LakeDiamond industrial production capacity

LKD
is LakeDiamond time-based token sold during this ICO, each representing
one minute of diamond production. Owners of tokens can use their LKD to
produce diamond for their own use or capture production value when the
company receives an order from an industrial customer. LakeDiamond token
lifecycle marks the first time a virtual token buys actual machine
time. IMD international business school is currently writing a case
study about LakeDiamond ICO.

An ICO to leapfrog from start-up to industrial scale production capacity

LakeDiamond
is building a diamond factory to address high-tech market
opportunities. To accomplish its main goals,
LakeDiamond requires additional financial
resources. But distributing equity would mean losing control of the
company. For this reason, LakeDiamond has chosen
an ICO as an alternative to traditional equity funding. The
opportunity for the participants to the ICO is
to capture a part of LakeDiamond’s turnover. The mechanism of the
public token sale is blockchain-based, securing
all the transactions related to the token purchase, the token sale
and the token use. Digital ledger technologies
are relevant for LakeDiamond on three different aspects:
collaborative production, traceability for
quality, and frictionless payments.

The ICO intends to provide
LakeDiamond with the resources it needs to develop, both the company
itself and its next
generation of products. The company
currently grows diamond in its two Micro-Wave Chemical Vapor Deposition
(MWCVD)
reactors, with a production capacity of
15,000 plates per year. The objective of LakeDiamond ICO is to acquire
fifty additional MWCVD reactors to meet the
production capacity of 300,000 plates per year by 2020.

About LakeDiamond

The Company

LakeDiamond
is a Swiss company incorporated in 2015. Building on years of research
at EPFL, developing reactors capable of growing ultra-pure diamonds and
exploring potential high-tech industrial applications, it brings
together renowned and respected professionals with a proven track record
in physics, industry, computer science, marketing and finance.

The Products

LakeDiamond’s
CVD reactors grow the highest quality of diamond on earth, suitable for
the most demanding applications, thanks to a perfectly controlled and
precise technology. The qualities attained are such that they trigger
new exciting applications beyond the high-end jewellery market, such as
micromechanical parts, laser power beaming, high power transistors,
high-precision magnetometers and quantum applications.

The Token Sale

LakeDiamond
sells its own tokens (LKD), based on the blockchain technology, to
finance the purchase of additional reactors and ramp up its production
capacity. LKD tokens grant a “right of use” to grow diamonds for a
defined amount of time. As such, LKD tokens are the first time-based
payment tokens allowing the production of physical assets. See the full terms and conditions